We are a holding company incorporated in the Cayman Islands with operations
conducted in Malaysia by our Operating Subsidiary, Mekar Subur AV Sdn. Bhd.,
which was incorporated as a company with limited liability under the laws of
Malaysia in 2013. With more than 10 years of operating history, our Operating
Subsidiary has substantial expertise and strong capabilities in the sale,
rental, and installation of audiovisual and LED display equipment for our
customers in Malaysia.
We operate through three primary business activities, each providing a distinct
revenue stream:
(i) sales of equipment to customers, recognized upon receipt by the customer,
(ii) short-term event-driven rental arrangements, generally ranging from 1 day
to 3 months, with revenue determined by the equipment employed and the
length of the event;
(iii) long term semi-permanent installations at customer facilities, generally
ranging from 2 β 7 years, with revenue determined on a usage-based lease
calculated by the number of days and the specific configuration the
equipment is used.
For the years ended June 30, 2024 and 2025, we served 153 customers in each year
through our short-term, event-driven rental stream and 54 and 64 customers,
respectively, through our long-term, usage-based lease stream. Customers may be
included in both categories if they engaged the Company under both business
streams during the relevant period. For the years ended June 30, 2024 and 2025,
we completed 571 and 519 short-term event engagements (i.e., individual events
for which equipment is rented for a limited period, typically days) and 1,805
and 2,116 long-term contract usages (i.e., billable usage periods under
long-term, usage-based leases arrangements), respectively.
For the six months ended December 31 2025, we served 70 customers in this period
through our short-term, event-driven rental stream and 56 customers through our
long-term, usage-based lease stream. Customers may be included in both
categories if they engaged the Company under both business streams during the
relevant period. For six months ended December 31 2025, we completed 266
short-term event engagements (i.e., individual events for which equipment is
rented for a limited period, typically days) and 1099 long-term contract usages
(i.e., billable usage periods under long-term, usage-based leases arrangements),
respectively.
Our Operating Subsidiary maintains inventories of professional equipment
including LED screens, projection systems, and audio systems, and provides
comprehensive technical support encompassing system design, installation,
operational support, and maintenance that helps ensure enhanced equipment
performance.
The LED display segment provides LED screens with specifications ranging from P2
to P10 (representing the concentration of pixels resulting in variances of image
sharpness and resolution resulting in appropriateness for various applications)
for both short term and semi-permanent installations. Our LED display solutions
include indoor and outdoor applications, and floor LED systems, each configured
in accordance with specific venue requirements and event objectives. Our
Operating Subsidiary has executed LED screen installations at various commercial
venues including international hotels, convention centers, and commercial
buildings throughout Malaysia.
The audiovisual segment encompasses both audio and visual equipment sales,
rental and installation services. The projection systems are equipped with
various ANSI-lumens specifications and multiple lens configurations including
short zoom, short throw, and long throw applications. The audio component
includes professional-grade mixers, speakers, line-array systems, amplification
equipment, and playback systems. Our equipment portfolio also supports
multi-camera production setups and video conferencing functions that enable
transmission of video images and audio between multiple locations.
The implementation methodology encompasses several key phases, beginning with a
technical feasibility assessment, followed by detailed system design and
equipment specifications. The installation phase includes equipment deployment,
system integration, and technical testing. For semi-permanent installations,
this includes analyzing usage patterns to determine optimal structures. The
installation phase includes equipment deployment, system integration, and
technical testing. Our Operating Subsidiary provides ongoing technical support
including system maintenance and technical supervision.
Our Operating Subsidiary has established a track record in providing equipment
and technical support through retail sales, short-term special event leases, and
semi-permanent installation usage-based leases at international hotels and
convention centers for corporate functions, government events, exhibits,
conferences, entertainment productions, and concerts. Our equipment and
technical capabilities have been deployed at various commercial venues including
convention centers, hotels, and event spaces across Malaysia.
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We were incorporated in the Cayman Islands on November 4, 2025. Our registered
office in the Cayman Islands is at 89 Nexus Way, Camana Bay, Grand Cayman,
KY1-9009, Cayman Islands. Our principal executive office is at No. 35-1, Jalan
2/115a, Taman Pagar Ruyung, Jalan Kuchai Lama, 58200 Kuala Lumpur, Malaysia. Our
telephone number at this location is (+6) 03 7972 3025. Our principal website
address is www.msav.com.my.
Our agent for service of process in the United States is Puglisi & Associates,
850 Library Avenue, Suite 204, Newark, Delaware 19711.
